About zenda
zenda is a company based in Dubai (United Arab Emirates) founded in 2021 by Haseeb Ahmed and Raman Thiagarajan.. zenda has raised $9.4 million across 1 funding round from investors including VentureSouq, COTU Ventures and Global Founders Capital. The company has 82 employees as of April 09, 2024. zenda offers products and services including Zenda App, Payment Plans, and Marketplace. zenda operates in a competitive market with competitors including PayNest, eUPP and Eduzer, among others.
- Headquarter Dubai, United Arab Emirates
- Employees 82 as on 09 Apr, 2024
- Founders Haseeb Ahmed, Raman Thiagarajan
-
Sectors
EducationFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Zenda Technology Solutions India Private Limited
- Date of Incorporation 18 Jul, 2022
- Jurisdiction Bangalore South, Karnataka, India
-
Annual Revenue
$189.95 K (USD)0as on Mar 31, 2023
-
Net Profit
$-189.66 K (USD)0as on Mar 31, 2023
-
EBITDA
$-188.96 K (USD)0as on Mar 31, 2023
-
Total Equity Funding
$9.4 M (USD)
in 1 rounds
-
Latest Funding Round
$9.4 M (USD), Seed
Apr 24, 2022
-
Investors
VentureSouq
& 3 more
-
Employee Count
82
as on Apr 09, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of zenda
zenda offers a comprehensive portfolio of products and services, including Zenda App, Payment Plans, and Marketplace. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for secure school fee payments and supply purchases.
Flexible options for splitting school bills over time.
Online store for buying school uniforms and supplies.
Unlock access to complete
Funding Insights of zenda
zenda has successfully raised a total of $9.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $9.4 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $9.4M
-
First Round
First Round
(24 Apr 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - zenda | Valuation | VentureSouq , COTU Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in zenda
zenda has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include VentureSouq, COTU Ventures and Global Founders Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Angel investments in early-stage ventures are managed by VentureSouq.
|
Founded Year | Domain | Location | |
|
Venture capital fund investing in pre-seed stage fintech startup
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on early-stage startups
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by zenda
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - zenda
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zenda Comparisons
Competitors of zenda
zenda operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PayNest, eUPP and Eduzer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based payment and management platform for individuals
|
|
| domain | founded_year | HQ Location |
Offers an online fee payment system for educational institutions.
|
|
| domain | founded_year | HQ Location |
Automated platform for online fee collection and management in schools.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Zenda
Frequently Asked Questions about zenda
When was zenda founded?
zenda was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is zenda located?
zenda is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of zenda?
Raman Thiagarajan is the current CEO of zenda. They have also founded this company.
Is zenda a funded company?
zenda is a funded company, having raised a total of $9.4M across 1 funding round to date. The company's 1st funding round was a Seed of $9.4M, raised on Apr 24, 2022.
How many employees does zenda have?
As of Apr 09, 2024, the latest employee count at zenda is 82.
What is the annual revenue of zenda?
Annual revenue of zenda is $189.95K as on Mar 31, 2023.
What does zenda do?
Zenda was founded in 2021 in Dubai, United Arab Emirates, as a fintech provider focused on education payments. Pay-now and pay-later solutions are delivered through an app for families and students handling school bills. Lending services for schools are also provided, including automated reconciliation and analytics tools. Rewards are extended to borrowers upon repayment of funds. Operations target the student lending sector in the region.
What products or services does zenda offer?
zenda offers Zenda App, Payment Plans, and Marketplace.
Who are zenda's investors?
zenda has 4 investors. Key investors include VentureSouq, COTU Ventures, Global Founders Capital, and STV.